Grupa Azoty and Pfleiderer Grajewo on a billion-zloty deal!

| Polish Market |

Thanks to the agreement singed on January 9th, 2014, Grupa Azoty companies are to sell urea for the production of adhesive resins to Pfleiderer Grajewo. The contract is worth 0.9 billion PLN and is valid over 5 years, but may be prolonged. Adhesive resins are an essential resource for furniture-manufacturing companies.

Mutual benefits

For Pfleiderer Grajewo, the deal means that the production process will be more stable thanks to a constant supply of resources in the long term. Pfleiderer Grajewo CEO Wojciech Gątkiewicz believes that the contract with Grupa Azoty will facilitate further development of the Company, and at the same time its market value.

The agreement will mainly benefit Grupa Azoty “PUŁAWY” and Grupa Azoty Zakłady Azotowe “KĘDZIERZYN”. In the opinion of Grupa Azoty CEO Paweł Jarczewski, the contract with Pfleiderer Grajewo shows the vast potential of urea use in manufacturing. The substance is far more than a fertilizer used in agriculture, it is also a valuable substrate for other industries.

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